Operating Restaurant
New
For Sale
$190,000
7441 Madison Street, Forest Park, IL 60130
Business Opportunity, Forest Park, IL
Property SizeContact for details
Lot Size0.07 Acres
Days on Market2
Property Features for 7441 Madison Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
Madison St, between Harlem Ave and Des Plaines Ave.
Subdivision
Forest Park
Standard status
Active
APN
15124310400000
Lot size
0.07 Acres
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
22030
Utilities
Cooling system
Central Air
Building Details
Floors in Building
1
Building materials
Brick
Listing Agency:
REMAX Legends · RE/MAX International
(630) 216-8000
Listed By:
Nicholas Mishevski
(708) 655-5000
Added: Oct 27
Last Checked: Oct 28 at 6:06PM
MLS# 12795452
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Chubby's Hot Chicken is an operating restaurant business offered without the real estate. The sale includes the business’s owned restaurant equipment, inventory, and licenses and permits, along with an existing restaurant build-out and central air conditioning.
The business is located on Madison Street in Forest Park. A transition package includes two months of paid rent, approximately three weeks of inventory, and one month of staff payroll.
The business is located on Madison Street in Forest Park. A transition package includes two months of paid rent, approximately three weeks of inventory, and one month of staff payroll.
Key Highlights
- Business sale only; real estate is not included
- Includes owned restaurant equipment, inventory, licenses, and permits
- Operating restaurant with an existing build‑out and central air conditioning
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
826
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
AutoZone
Shops & Services
6,838 visits/mo
0.5 miles
Family Dollar
Shops & Services
5,500 visits/mo
0.5 miles
Demographics for 60130, IL
14,346
Population
7,777
Households
1.8
Avg Household Size
42
Median Age
50%
College-Educated
95%
High-School Grad
2.8 sq mi
ZIP Area
5,124
Density / Sq Mi
$81,323
Median Household Income
$61,518
Median Earnings
$1,352
Median Rent
$293,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - An established restaurant operation comes with owned equipment, inventory, and licenses and permits.
Where is this conventional restaurant located?
The property is located at 7441 Madison Street Forest Park, IL.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Business sale only; real estate is not included; Includes owned restaurant equipment, inventory, licenses, and permits; Operating restaurant with an existing build‑out and central air conditioning
